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Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory 375 units @ $ 71/unit Feb. 10
Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023.
Beginning Inventory | 375 | units | @ | $ | 71/unit | ||||
Feb. | 10 | purchased | 290 | units | @ | $ | 75/unit | ||
Feb. | 20 | sold | 455 | units | @ | $ | 151/unit | ||
Mar. | 13 | purchased | 213 | units | @ | $ | 69/unit | ||
Sept. | 5 | purchased | 340 | units | @ | $ | 55/unit | ||
Oct. | 10 | sold | 595 | units | @ | $ | 151/unit | ||
Gale Company employs a perpetual inventory system.
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